Obasanjo And His 25 Billionaires

By Remi Oyeyem

The brief exchange (as reported by the News Agency of Nigeria via PUNCH newspaper on October 30, 2016) between Former President Olusegun Obasanjo and Mrs. Folorunso Alakija at the 2016 Tony Elumelu Foundation Entrepreneurship Forum last weekend was very instructive in so many ways. It was very instructive because it underscored the kind of mentality possessed by those who have had the chance(s) to govern Nigeria. Or it underscored the misfortune of Nigerians to have been governed by the kind of leaders they have had so far.

*Obasanjo: Celebrating his 25 billionaires? 

Mrs. Alakija, according to reports, had fired the first salvo accusing the Obasanjo administration that it “illegally took an oil block” allocated to her company after her family had “invested all” to “strike oil in commercial quantity.” Mrs. Alakija said the following in addition:

‘She said, “This oil block is in 5000 feet depth of water and was extremely difficult to explore. It took 15 years from the time that we were awarded the licence in 1993 till 2008 when we first struck the first oil.

“When this event happened, 60 per cent out of our 60 per cent equity in the business, was forcefully taken from us by the government of the day without due process.

We had to fight back by going to court to seek redress and it took another 12 years for justice to be served in our favour.”

Obasanjo in his response had reportedly explained that the “action of the government then was in line with the Mining Act which regulates oil prospection and exploration.” He insisted that it was “not fair” for Mrs. Alakija to claim that she was denied what was rightfully hers. Obasanjo –Onyejekwe added “I do not know you from Adam and there is no reason I would have denied you what rightfully belonged to you. So, you struggled, and you have struck oil. God bless your heart.”

Then Obasanjo dropped the bombshell:

“My delight is to be able to create Nigerian billionaire and I always say it that my aim, when I was in government was to create 50 Nigerian billionaires.

“Unfortunately I failed. I created only 25 and Madam, you are one of them.”

There is nothing unusual about Obasanjo’s failing to create 50 Nigerian billionaires as he intended. He has always failed Nigerians in every endeavour he has been involved. But the larger question remains the inability of our leaders to follow due process in exercising power. Our rulers often act as if they are kings of the jungle and that the laws of the land do not apply to them. They exude beastly instincts permeated with ruinous vendetta in manifesting congenital need to demonstrate crude power.

To Mrs. Alakija, until she was allotted oil wells, no one has really heard about her. She was never associated with any known business endeavour. She did not descend from any rich family or was previously married to a billionaire of credible means. She became a billionaire because she was allotted oil wells. She is emblematic of the mis-governance that has always characterized our clime. She got to be allotted oil wells in a system where nothing was ever fair and without due process. She only used her connections with our power aphrodisiacs euphemized as rulers, to get the oil wells.

Mrs. Alakija is a Yoruba woman. Like the retired General Theophilus Yakubu Danjuma she got many oil wells because of her proximity to crude power in Nigeria. None of them is from Niger Delta. With the publicly available list of the owners of oil wells in Nigeria, the people of the Niger Delta have been evidently short changed. How many Niger Deltans became billionaire as a result of owning oil wells?

Buhari’s Anti-Graft War: A Sham

By Charles Ogbu

The 8th wonder of the world is how Nigerian President, Muhammadu Buhari, managed to convince sane adults and some foreign countries that his government is waging war against graft. Fact is, there is no war against corruption. The so called anti-graft war is one hell of a lie, a fraud, a sham, a farce. It is a carefully planned and well executed show meant to deceive the hoi polloi of the society and take their minds off very crucial issues while the rogues in power keep preying on them in their characteristic manner.

*Buhari 

First, president Buhari who is supposedly spearheading this anti-graft war is a man I believe to be integrity-challenged. With due respect to his office, I think the president is a dishonest man who is incapable of honouring his own promise: Before the election, Buhari promised to fight corruption by first declaring his assets publicly, to enable Nigerians determine whether or not he had corruptly enriched himself when he would publicly declare his assets again upon leaving office. On September 3, the president's media aide, Garba Shehu, read out a list of some of the president's belonging where he mentioned incoherent stuff like: "yet to be located plot of land in Port Harcourt", "Unspecified number of cars" etc.

Mr. Shehu would later promise that the president would disclose his full assets when the CCB was done with the verification. The CCB has since finished with the verification and almost one year after, the president has refused to honor his own word.

How can I trust a man who is incapable of honoring his own word? How can Nigerians trust such a man to fight corruption without corruptly enriching himself in the process? And if he is corruptly enriching himself, family and cronies in the process, can he be said to be fighting corruption? How can you claim you are fighting corruption when you have not even proven the very garment you wore was not made from the forbidden tree of corruption? 

Dambazzau And Military Audit Report

By Ikechukwu Amaechi

President Muhammadu Buhari is worried. That, ordinarily, should not be news. A president under whose watch the economy is performing so woefully should be worried. That is the least expected of him.

The National Bureau of Statistics (NBS) says the Consumer Price Index (CPI) which measures inflation has hit 16.5 per cent, the highest in 11 years. Before Buhari took over the reins of power, inflation was at a comfortable single digit.

*Dambazau and Buhari 

But he is not worried because the economy is in recession; he is not worried because of the runaway inflation.

And he is not worried that the International Monetary Fund (IMF) has warned that Nigeria’s economy will contract in 2016 and cut the country’s Gross Domestic Product (GDP) growth forecast from 2.3 per cent in April to 1.8 per cent, the lowest in 29 years.

Our dear president is not worried that N375 now exchanges for $1 with the prospect of hitting a scandalous N500 to $1 before the end of the year, contrary to what he promised on the campaign stump.

Buhari is not worried that his All Progressives Congress (APC) has not delivered on its promise to create millions of jobs annually. Instead, thousands are thrown into the labour market and those still keeping their jobs are grossly underemployed with salaries being irregular or not paid at all.

He is not worried that Foreign Direct investment (FDI) has dried up, literally, despite the much-hyped trip to Beijing and other world capitals. He is not worried that rather than new businesses springing up, those already up and running are shutting down.

Buhari is not worried that Nigerians are feeding, literally, from the dustbin.

No!

He is rather worried that Nigerians are bootlegging his "good behaviour," his penchant for labelling every citizen a “thief” with or without evidence, particularly anyone who has served in any government before his.

Buhari is worried that senior government officials are being tarred with the brush of corruption without any concrete evidence.
Presidential spokesman, Femi Adesina, said his principal has appealed to “discerning” Nigerians to ignore orchestrated attempts to sully the integrity of ministers and other senior government officials and called for decent and civilised comments, particularly on the integrity of those serving the country.

Oh, Really!

Dambazau’s Bigotry

By Paul Onomuakpokpo  

With people like Abdulrahman Bello Dambazau in the government of President Muhammadu Buhari, it is no wonder why the much-touted quest for positive change has remained a mirage. If Dambazau who is the Minister of Interior had ever made any pretentions to being pan-Nigerian, this façade has been exploded by the recent appointments he made in his ministry for Nigerians to comprehensively apprehend who he is: A bigot who is only beholden to the narrow interest of his tribe and religion.

*Abdulrahaman Dambazau

Dambazau attained a top rank of a lieutenant general before he retired from the military. He also served as the chief of army staff. For a person with such a breathtaking military career that was rendered possible by his country, we would have thought that he had developed a broad vision of the nation. After all, it is commonly believed that the military institution is impervious to the fissiparous tendencies in the larger society. And this is why former President Olusegun Obasanjo and President Muhammadu Buhari do not brook any objection to the existence of Nigeria as one entity as long as they have a role to play in deciding the fate of the nation.

It is regrettable that Dambazau does not see his being in public office as an opportunity to serve the whole nation. He rather sees it as a means of favouring only those with whom he shares ethnic and religious affiliations. This was why when Dambazau made appointments in his ministry, he only considered those who shared his religious and ethnic ties. Brazenly, Dambazau appointed only northerners as heads of all the paramilitary agencies under his ministry. The agencies are the Nigeria Immigration Service (NIS), whose new Comptroller-General (CG), Mohammed Babandede, hails from Kano State, where the minister is from and the Nigeria Prison Service (NPS) where Ahmed Ja’afaru of Bauchi State is the Controller-General. Before now, Abdullahi Gana from Niger State had been the head of the Nigerian Security and Civil Defence Corps (NSCDC) while the Controller General of the Federal Fire Service (FFS) was Joseph Anebi from Benue State in the North-central. At the NIS, Dambazau opted for his preferred candidate Mohammed Babandede.